Ind-Ra upgrades issuer rating for Bank of India, cites capital position India Ratings and Research (Ind-Ra) has upgraded Bank of India’s (BoI) long-term issuer rating from “AA” from “AA+”, reflecting the state-owned lender’s capital position and operating buffer. The outlook is stable, said Ind-Ra in a statement. BoI, since FY21, has reported consistent profitability which, along with ...

10 simple personal finance resolutions to make this year [ad_1] 10 simple personal finance resolutions to make this year [ad_2]

union budget 2023: Budget 2023: How to make RBI’s digital rupee a success [ad_1] The Central Bank Digital Currency (CBDC) is a digital form of currency notes issued by a central bank. The Reserve Bank of India’s (RBI) retail digital rupee can provide access to safe money for payment and settlement as it is a direct liability of the central ...

Bank Holiday Today: Is it a bank holiday for Lohri? [ad_1] Depending on the festival being celebrated in states, the holidays vary from place to region. The Reserve Bank of India (RBI) publishes a list of holidays by month and state. The RBI announces bank holidays in three categories: Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and Banks’ ...

RBI open to non-bank arms route to end stalemate with ESMA: Report The Reserve Bank of India (RBI) is open to European banks trading in government securities and carrying out custody businesses via their locally incorporated non-banking arms, The Economic Times reported on Friday. The proposal was discussed during a meeting between RBI deputy governor T Rabi Sankar and ...

Digital Personal Data Protection Bill: What rights does it give individuals? [ad_1] In 2017, the Supreme Court of India recognized the Right to Privacy as a fundamental right under the Constitution and laid down certain privacy principles relevant to informational privacy (i.e., data privacy). The court also acknowledged the absence of a comprehensive privacy law and noted the gaps present ...

Rupee to open higher on Friday as data boosts smaller Fed rate-hike bets By Anushka Trivedi and Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to open higher against the dollar on Friday after the U.S. inflation reading reinforced expectations that the Federal Reserve would opt for a smaller rate hike at the upcoming ...

United Forum of Bank Unions call nationwide bank strike on January 30, 31 The United Forum of Bank Unions (UFBU) on Thursday decided to go on two-day strike from January 30 demanding a five-day working week for bank staff, among others. “There was no response from IBA [Indian Banks’ Association] on our demand despite letters. ...

How to check Aadhaar PVC status using UIDAI’s AI chat [ad_1] The Unique Identification Authority of India, which oversees the use of Aadhaar cards, has unveiled a brand-new AI/ML based customer service that is available 24/7 for free. For enhanced resident interaction, UIDAI’s new AI/ML based chat feature is now enabled. Residents can now submit grievances, check the status of ...

NPS subscribers: Bank account verification, name/PAN matching to get faster [ad_1] The Pension Fund Regulatory and Development Authority (PFRDA) has introduced a method of bank account verification for subscribers (PAN-PRAN- VPA(UPI)) with interesting features, in which the information about the joint account holders, their PANs, and their UPI IDs are confirmed by NPCI and matched with Permanent Retirement Acct Numbers ...